In terms of ARL’s valuation it’s still way too cheap. The large tonnage deposit means costs can be dropped depending on the size and scale of the operation and ARL have this capacity to do this due to the sheer size of the deposit.
They can either focus on a smaller scale operation (it’s still going to be big) and target the high grade zone (start with a 2 million tonne processing plant) and scale this up to a 4 million tonne processing plant depending on future offtake agreements.
If you were to run an assessment based off the high grade zone this is still a 16 year mine life. The deposit is a monster and if we are really going to embrace the EV era then this deposit will be developed and it’s going to make a lot of $$.
Why would battery makers and car companies continue to rely on the DRC (an unstable political environment) when you have secure supply with the likes of Aussie cobalt deposits.
- Forums
- ASX - By Stock
- ARL
- ARL vs AUz vs CLQ
ARL vs AUz vs CLQ, page-3
- There are more pages in this discussion • 353 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
64.0¢ |
Change
-0.020(3.03%) |
Mkt cap ! $127.7M |
Open | High | Low | Value | Volume |
65.0¢ | 65.0¢ | 61.0¢ | $139.9K | 223.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1588 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 1034 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1588 | 0.630 |
1 | 23547 | 0.625 |
2 | 7672 | 0.620 |
2 | 15725 | 0.610 |
3 | 9232 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 1034 | 1 |
0.660 | 1052 | 1 |
0.670 | 11000 | 1 |
0.685 | 5000 | 1 |
0.690 | 1450 | 1 |
Last trade - 15.52pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
62.5¢ |
  |
Change
-0.020 ( 3.85 %) |
|||
Open | High | Low | Volume | ||
64.0¢ | 64.0¢ | 61.0¢ | 42211 | ||
Last updated 14.01pm 13/05/2024 ? |
Featured News
ARL (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online